TWEC.COM's New Site Features Enhanced Selection and Functionality
ALBANY, N.Y.--(BUSINESS WIRE)--August 17, 1999--
Web Site Offers More Than 450,000 Music, Movie and Game Titles
Trans World Entertainment Corporation (Nasdaq National Market: TWMC), today announced the re-launch of its web site, The Web's Entertainment Center (www.twec.com). The content and technical improvements to the site include new functionality and flexibility in the delivery of content as well as increased selection and improved navigation. "In addition to being able to purchase products quickly, users want to view artist biographies, album reviews, liner notes and other extended content about their favorite artists," said Robert J. Higgins, chairman and chief executive officer of Trans World Entertainment. "We realize our customers are looking for an easier way to obtain products and are excited by the potential of this new site to introduce more people to the Trans World brand and to the artists we represent." Along with improved content and a new look and feel, the TWEC.COM re-launch includes a complete revamp of the underlying e-commerce technology. The e-commerce technology provided by Systems1, a Saratoga Springs, NY-based web development company, consists of a back-end architecture that uses a distributor-based model. The new architecture also gives TWEC.COM the flexibility to add an unlimited number of product categories to the site and to select "best of breed" content from among multiple sources for each product group. The web site expands TWEC.COM's worldwide distribution into 16 countries and offers more than 400,000 music titles and over 80,000 movie titles.
About Trans World Entertainment
Trans World Entertainment is the leading music retailer in the United States, operating 1,000 retail stores in 44 states, the District of Columbia and Puerto Rico as well as an e-commerce site, www.twec.com. Mall locations include Record Town, Camelot Music, The Wall, Saturday Matinee and F.Y.E. Freestanding locations include Coconuts Music and Movies, Strawberries Music, Spec's and Planet Music.
About The Web's Entertainment Center (TWEC.COM)
TWEC.COM is the online hub for Trans World Entertainment's retail stores. With worldwide distribution spanning 16 countries in addition to the United States, the site features all of the music CDs and cassettes, video games, DVD and VHS (PAL and NTSC) home videos that are available at its retail stores, and more. TWEC.COM is home to Trans World's On Stage series, featuring live concerts, online chats, in-store artist appearance schedules, in-studio performances and entertainment media that is on-demand.
About Systems1
Systems1 provides leading edge development services for e-commerce, e-publishing and convergence applications. Systems1's founders have pioneered Internet technologies since 1994 and have created applications for leading new media companies such as NBC, Yahoo!, AOL and NCI. Systems1 was founded in March of 1998 and has since developed client relationships with industry leaders: Trans World Entertainment, Thomson Consumer Electronics, Citibank and GIST Communications.
Certain statements in this report set forth management's intentions, plans, beliefs, expectations or predictions of the future based on current facts and analyses. Actual results may differ materially from those indicated in such statements. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.
CONTACT: TRANS WORLD ENTERTAINMENT CORPORATION Jim Litwak Executive Vice President of Merchandising and Marketing (518) 452-1242 x7240 or THE MWW GROUP- Tel. (201) 507-9500 Media Relations -- Charlotte Ostor (costor@mww.com) Investor Relations -- Robert Ferris (rferris@mww.com) 08:27 EDT AUGUST 17, 1999 |